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Health Care & Insurance
Lilly agrees to pay $29.4M to settle SEC bribery charges
December 20, 2012
J.K. WallAccording to a statement released by the SEC, Eli Lilly paid $6.5 million—and in some cases gave jewelry and spa treatments—to
win government contracts in Brazil, China, Russia and Poland.
MoreIndiana to receive nearly $793K in Amgen settlement
December 20, 2012
Associated PressAmgen Inc. has agreed to pay Indiana nearly $793,000 as part of a larger settlement to resolve allegations it paid kickbacks
to physicians who prescribed some of its drugs for unapproved uses.
MoreLilly OKs $1.5B share buyback, first quarter dividend
December 18, 2012
Associated PressIndianapolis-based drugmaker Eli Lilly and Co. said Monday that its board authorized a $1.5 billion share-repurchase program,
which the company expects to complete next year.
MoreHealth care pricing service comes to Indy
December 17, 2012
J.K. WallChicago-based OkCopay Inc. posts prices offered by Indianapolis health care providers, many of which have agreed to give cash-paying patients a price roughly equivalent to those charged to insured customers. The site also includes pricing information from health care providers that do not give cash-paying patients an additional break.
Lilly finds solace in new Alzheimer's study
December 17, 2012
J.K. WallEli Lilly and Co. suffered a delay in its effort to bring an Alzheimer’s drug to market this month, but it also published
new research that the pharmaceutical company thinks confirms it is on the right track.
MoreState expects to extend Healthy Indiana Plan a year
December 14, 2012
Associated PressThe Centers for Medicare and Medicaid Services agreed to a waiver that would allow the state to continue the program unchanged
for a year.
MoreActuarial firm plans expansion at Indy office
December 14, 2012
Milliman Inc. said it will add 26 jobs by 2017 and invest $2 million to install additional information technology equipment
at its office in downtown's Chase Tower.
MoreApartments, shops planned for old Beech Grove hospital site
December 13, 2012
Dubbed Franciscan Place, the $20 million development will feature 150-plus senior-living apartments, shops and a restaurant
in the old hospital. Work is expected to begin in February.
MoreLilly discontinues late-stage trial in rheumatoid arthritis
December 13, 2012
Bloomberg NewsEli Lilly and Co. said it discontinued a last-stage trial of experimental rheumatoid arthritis drug tabalumab for lack of
efficacy. Lilly is still evaluating the drug in the two other late-stage studies.
MoreWellPoint reaffirms 2012 earnings forecast
December 11, 2012
Associated PressWellPoint Inc. is sticking with a 2012 earnings forecast that it had cut in July, and the nation's second-largest health
insurer said it expects next year's earnings to be on par with this year's performance.
MoreReport ranks Indiana among unhealthiest states
December 11, 2012
Associated PressAmerica's Health Rankings lists Indiana 41st in its annual review, which was released Tuesday. Obesity, sedentary habits,
high smoking rates, low public health funding and air pollution contributed to Indiana's low rank.
MoreQ&A
December 10, 2012
J.K. WallMuhammad Yasin began heading up social media marketing at Indianapolis-based HCC Medical Insurance Services
LLC in early 2011. The company, which sells travel insurance and short-term medical insurance online, credits his work with
tripling overall revenue in 2011 to more than $60 million and growing even more this year. Yasin, along with a steady stream
of interns, manages nearly 50 social media accounts on Facebook, Twitter, Pinterest and YouTube, and has about 400,000 total
followers. Collectively, HCC’s social media team produces 2,000 pieces of “content” every month—even
though it operates in a highly regulated industry.
MoreReport: WellPoint dominates Indiana markets
December 10, 2012
J.K. WallWellPoint Inc. holds an overwhelming share of the commercial health insurance market in 13 of Indiana’s 14 largest metros,
according to a controversial new study by the American Medical Association.
MoreAnalyst: Lilly solid even without pipeline
December 10, 2012
J.K. WallWhile Eli Lilly and Co.’s stock price is up 16 percent in the past four months, a new analyst covering the company thinks
it has more room to grow. And that’s even without launching a new Alzheimer’s drug anytime soon.
MoreCornerstone content with small medical developments
December 8, 2012
Local firm has carved out niche building for hospitals, physician groups.
MoreLilly notifies Canada about NAFTA complaint on Strattera patent
December 6, 2012
Bloomberg NewsEli Lilly and Co. notified Canada it plans to file a trade complaint, claiming court decisions invalidating one of the company’s
patents breach international obligations.
MoreNico raises $6.5 million more from existing investors
December 4, 2012
J.K. WallIndianapolis-based Nico Corp. wants to use its new round of capital to develop brain surgery products to address diseases
that were often considered inoperable, such as metastatic brain cancer and intracerebral hemorrhages.
MoreIllinois company to hire 50 in Indy for Medicaid drug contract
December 3, 2012
J.K. WallCatamaran Corp. will add 50 jobs in Indianapolis over the next year to help it provide pharmacy-benefit-management services
to the Indiana Medicaid program. The Illinois-based company will open an office downtown Tuesday to kick off its six-year,
$60 million contract with the state.
MoreAbout 1 in 10 firms plans to drop coverage
December 3, 2012
J.K. WallEven as the rising cost of medical benefits has moderated, 11 percent of Indiana employers with 10 or more workers say they
will terminate their medical coverage within the next five years, according to the latest survey from the benefits consulting
firm Mercer.
MoreHome health agency closes after losing reimbursement
December 3, 2012
J.K. WallCarmel-based ABC Homecare LLC closed last week after state and federal authorities cut off its access to Medicare and Medicaid
reimbursement due to deficiencies cited by the Indiana State Department of Health.
MoreNovia opens first multi-employer clinic in downtown Indy
December 3, 2012
Novia CareClinics LLC, which operates 50 clinics statewide, made its latest clinic open to other employers. Harrison College,
Plews Shadley Racher & Braun LLP and McFarling Foods Inc. have joined.
MoreCancer treatment firm adding 27 jobs in Indianapolis
December 3, 2012
J.K. WallA North Carolina-based maker of cancer-fighting ultrasound machines plans to create 27 jobs paying an average of $36 an hour
at its Indianapolis facility over the next three years.
MoreSmall charity to use NBC show to boost visibility, vie for $1M prize
December 1, 2012
Dan HumanThe efforts of Indianapolis-based Timmy Global Health to improve health in Latin America, the Caribbean and Africa while exposing
hundreds of students to the realities of the medical industry have earned it an appearance on network TV and a shot at a $1
million unrestricted grant.
MoreAnthem rolling out 401(k)-style medical benefits
December 1, 2012
J.K. WallAnthem Blue Cross and Blue Shield of Indiana will open a new online exchange to Indiana employers on Jan. 1, where workers
could purchase medical benefits from a group of plans using a fixed sum of money given them by their employers.
MoreVC funds hope to help early-stage life sciences firms
December 1, 2012
J.K. WallEarly-stage venture capital has been harder and harder to come by for life sciences companies in recent years, but two Indianapolis
investors are working to raise sizable funds to help fill the gap.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.